Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 31, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Abhinandan Holdings Pvt. Ltd. against J.M Financial Asset Reconstruction Company Ltd. & Others. The appeal is registered as Comp. App. (AT) (Ins) No. 1377 of 2026 along with an Interlocutory Application I.A. No. 5346 of 2026. The Tribunal noted that this appeal is connected with two other appeals: CA (AT) (Ins) No. 1241 of 2026 and CA (AT) (Ins) No. 1220 of 2026.
Legal representation was present for both parties: Mr. Sumant Batra, Senior Advocate, with Mr. Anandraj Shah, Mr. Avneesh Kumar Upadhayay, and Mr. Ankit Kumar Tiwari represented the appellant. For the respondents, Mr. Abhijeet Sinha, Senior Advocate, with Mr. Chitranshul A. Sinha, Mr. Shivam Bhargava, Ms. Heena Kochar, Ms. Rakshita Shorewala, and Ms. Esha Sharma appeared.
Final Outcome
The Bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), ordered that the matter be listed for further hearing on August 3, 2026, under the same case caption. No substantive decisions on the merits of the case were made in this order.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment